BPCL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.8
| Stock Code | BPCL | Market Cap | 1,24,081 Cr. | Current Price | 286 ₹ | High / Low | 392 ₹ |
| Stock P/E | 5.05 | Book Value | 211 ₹ | Dividend Yield | 6.12 % | ROCE | 19.6 % |
| ROE | 18.7 % | Face Value | 10.0 ₹ | DMA 50 | 352 ₹ | DMA 200 | 344 ₹ |
| Chg in FII Hold | 1.93 % | Chg in DII Hold | -1.75 % | PAT Qtr | 7,545 Cr. | PAT Prev Qtr | 6,443 Cr. |
| RSI | 19.9 | MACD | -19.6 | Volume | 1,61,41,937 | Avg Vol 1Wk | 1,42,46,559 |
| Low price | 262 ₹ | High price | 392 ₹ | PEG Ratio | 0.38 | Debt to equity | 0.24 |
| 52w Index | 18.5 % | Qtr Profit Var | 62.3 % | EPS | 53.8 ₹ | Industry PE | 13.1 |
📊 Analysis: BPCL is trading at ₹286, far below its 50 DMA (₹352) and 200 DMA (₹344), reflecting strong bearish sentiment. RSI at 19.9 indicates oversold conditions, while MACD at -19.6 confirms negative momentum. Current volume (1,61,41,937) is higher than the 1-week average (1,42,46,559), showing strong participation, but price action remains weak. Despite excellent fundamentals and high dividend yield, intraday technicals suggest caution.
💰 Optimal Buy Price: ₹275–280 (near support zone)
📈 Profit-Taking Levels: ₹295–305 (short-term resistance)
📉 Stop-Loss: ₹270 (below support)
⏳ If Already Holding: Exit intraday if price fails to sustain above ₹290 or if momentum indicators remain weak. A bounce toward ₹295–305 can be used for profit booking, while a breakdown below ₹275 should trigger exit to protect capital.
✅ Positive
- Strong ROCE (19.6%) and ROE (18.7%) highlight efficiency.
- High dividend yield (6.12%) provides investor returns.
- Quarterly PAT growth from ₹6,443 Cr. to ₹7,545 Cr. (+62.3%).
- PEG ratio of 0.38 suggests undervaluation relative to growth.
⚠️ Limitation
- Stock trading well below both 50 DMA and 200 DMA, confirming bearish trend.
- Low RSI (19.9) indicates oversold but risky conditions.
- Debt-to-equity ratio at 0.24, though manageable, adds leverage risk.
📉 Company Negative News
- DII holding decreased (-1.75%), showing reduced domestic institutional confidence.
- Stock price under pressure despite strong earnings, reflecting market skepticism.
📈 Company Positive News
- FII holding increased (+1.93%), showing foreign investor confidence.
- Strong quarterly profit growth supports earnings momentum.
🏭 Industry
- Oil & gas sector remains cyclical, influenced by crude price volatility.
- Industry P/E at 13.1 shows sector is moderately valued compared to BPCL’s low P/E (5.05).
🔎 Conclusion
BPCL has excellent fundamentals and strong earnings growth, but intraday technicals remain weak with bearish momentum. Oversold levels may offer a short-term bounce, yet risk is high. Suitable only for cautious intraday trades near support zones with strict stop-loss discipline.